External Trade
Lebanon has a competitive and free market regime and a strong laissez-faire commercial tradition. The Lebanese economy is service-oriented; main growth sectors include banking and tourism. There are no restrictions on foreign exchange or capital movement, and bank secrecy is strictly enforced. Lebanon has recently adopted a law to combat money laundering. There are practically no restrictions on foreign investment. There are no country-specific U.S. trade sanctions against Lebanon.
Read more about this topic: Economy Of Lebanon
Famous quotes containing the words external and/or trade:
“All violent feelings have the same effect. They produce in us a falseness in all our impressions of external things, which I would generally characterize as the pathetic fallacy.”
—John Ruskin (18191900)
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—Crystal Eastman (18811928)